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Statement from Secretary Lew on the Nomination of Sarah Bloom Raskin for Deputy Secretary

7/31/2013

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“Sarah Bloom Raskin is a proven
leader whose experience and knowledge will be a tremendous asset to the
Treasury Department. As a Federal Reserve Governor and former state
banking regulator, Sarah has a deep understanding of banking and financial
regulatory issues as well as a firm grasp of how to run large, complex
organizations. Throughout her career, Sarah has demonstrated a strong
commitment to protecting consumers, and she shares my conviction to do
everything possible to increase job creation, accelerate economic growth, and strengthen
the middle class. I am grateful Sarah has agreed to take on this critical
position, once confirmed, and I know she will live up to the high standard set
by Neal Wolin and build on his outstanding legacy.”

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